What ecommerce business ideas have big potential in 2024 and beyond? In this video, I share 7 profitable e-commerce business ideas in 2024.
If you want to start an e-commerce business but don’t have a relevant and unique e-commerce idea, this video is for you!
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Timestamps:
00:00 In this video
00:45 Subscription Boxes
In the past few years, subscription boxes have been blowing up. The biggest benefit of this eCommerce business idea is that it will generate recurring revenue
02:07 Toy Subscriptions
Toy market is huge. Consult with a neuropsychologist or a kids chiropractor and create a list of must-have toys according to the child’s age. Maybe this could be toys, or books, or other developmental materials.
03:09 Smart Home Products
Today, more than 88 million Americans have smart speakers in their homes because they simplify our life. The problem here is that smart home products are quite pricey.
So if you have enough knowledge and skills, you can find old, broken or faulty versions of Bluetooth speakers, home security cameras, smart vacuums, and other products like that, and use your DIY skills to bring them back to life. Then, list them for a higher price on your eCommerce site and enjoy the profit.
04:26 Smart Lighting
Selling a smart vacuum or fridge or car is cool. But, lots of consumers can’t afford to buy something like that. Yet, they still want to make their home smarter. Enter smart bulbs.
Although it’s more expensive than a regular lamp bulb, a smart bulb is more cost-effective in the long run, because it lasts for much longer.
05:14 Sex toys
Because of recent societal shifts regarding sexuality, sex toys are no longer as taboo as they once were. And because this trend is not going to disappear in the near future, this market is only going to grow: the global sex toy market is expected to grow steadily and reach between 60 and 80 billion dollars by 2030.
06:19 Home office solutions
As we all work from home more, we realize we need home office products to make our home workspaces comfortable and productive. This includes wifi repeaters and range extenders, seat cushions, office chairs, standing desks, and lumbar pillows.
06:55 Reusable water bottles
As climate change continues to be a “hot” topic, more people every year try to make small changes in their lives to become more environmentally friendly. Those shifts in behavior drive demand for reusable water bottles. According to research, younger generations, particularly Millennials and Gen Z-ers, are significantly more concerned about sustainability than older generations.
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Top 7 best Ecommerce business ideas for 2024
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